By: Gerardo Weihmann, Professor, ITAM
The imperfections of financial markets, such as taxes, asymmetric information, the risk of bankruptcy, and transaction costs, reduce economic efficiency and thus impair the welfare of society as a whole. Read more
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Regulation of Financial Derivatives Markets
By: Gerardo Weihmann, Professor, ITAM
The imperfections of financial markets, such as taxes, asymmetric information, the risk of bankruptcy, and transaction costs, reduce economic efficiency and thus impair the welfare of society as a whole. Read more